What is the Ichthys project?

Located in the northwest of Australia, Ichthys is one of the world’s most complex liquefied natural gas (LNG) projects. Its development involves building colossal facilities and creating the longest subsea pipeline in the Southern Hemisphere.

Is Inpex a national oil company?

INPEX Corporation is a Japanese oil company established in February 1966 as North Sumatra Offshore Petroleum Exploration Co., Ltd. INPEX is the largest oil and gas exploration and production company in Japan, with global exploration, development and production projects in 20 countries.

Who built Inpex?

Floating production, storage and offloading facility This weather-vaning vessel was constructed in Korea by Daewoo Shipbuilding and Marine Engineering. It has been designed to hold more than one million barrels of condensate.

Where is Inpex located?

The Ichthys gas field is a natural gas field located in the Timor Sea, off the northwestern coast of Australia. The field is located 220 km offshore Western Australia and 820 km southwest of Darwin, with an average water depth of approximately 250 metres.

Where is Bayu-Undan?

Timor Sea
Facilities: The Bayu-Undan gas and condensate field, located in the Timor Sea, is estimated to hold over 400 million barrels of hydrocarbon liquids and 3.4 trillion cubic feet of gas. The Bayu-Undan field has been developed in 3 phases.

What does Inpex stand for?

INPEX

Acronym	Definition
INPEX	International Petroleum Exploration (est. 1966; Japanese oil company)
INPEX	Invention and New Product Exposition (trade show; Pittsburgh, PA)
INPEX	Information Nouveautés Pharmaceutiques

When did Inpex start in Australia?

1986
INPEX has a long and successful business relationship with Australia that began in 1986. We’re also Japan’s largest petroleum and exploration company. Globally, INPEX is a major player in production of clean, efficient and reliable natural gas for the Asia-Oceanic region.

Who owns Bayu-Undan?

Santos owns 43.4pc of the Bayu-Undan field. The remainder is owned by South Korean upstream firm SK E&S with 25pc, Japanese upstream firm Inpex with 11.4pc, Italian energy firm Eni with 11pc, Japanese utility and energy firm Jera with 6.1pc and Japanese utility Tokyo Gas with 3.1pc.

What is Bayu-Undan?

Bayu-Undan lies in the Timor Sea, 500km offshore of Darwin and 250km south of East Timor. Bayu was discovered in early 1995 and Undan in July 1995. The Bayu-Undan development complex includes a wellhead platform, a compression, utilities and quarters platform and a drilling, production and processing platform.

What does the fish symbol mean in Christianity?

The ichthys symbol is also a reference to “the Holy Eucharist, with which the miracle of the multiplication of the loaves and fishes had such intimate connection both in point of time and significance.” The symbol concerns the belief in the Most Holy Trinity since the early Christian communities.

What are the INPEX projects in the Browse Basin?

INPEX discovered the Ichthys Field in the Browse Basin in 2000. INPEX has an 11.37812 per cent interest in the Bayu-Undan and Darwin LNG projects. INPEX holds a 47.499 per cent interest in the Santos-operated Coniston Van Gogh oil field. INPEX holds a 17.5 per cent interest in the world’s first floating LNG project.

How much does INPEX have in the Darwin LNG project?

INPEX has an 11.37812 per cent interest in the Bayu-Undan and Darwin LNG projects. Learn more Coniston and Van Gogh INPEX holds a 47.499 per cent interest in the Santos-operated Coniston Van Gogh oil field.

How much natural gas does INPEX project produce?

The project is expected to produce approximately 9.5 million tons of LNG per year and up to approximately 35,000 barrels of condensate per day. The project will also supply 150 million cubic feet of natural gas per day via pipeline to address local demand for natural gas.

When did Inpex get approval to build in Indonesia?

INPEX submitted a revised plan of development in June 2019 and received approval from the Indonesian authorities in July 2019.